Like similar pandemic-era high-fliers, shares in Shopify (NYSE:SHOP) have seen a big price cut so far in 2022. Adjusting for its recent stock split, SHOP stock started off the year changing hands for around $136.31 per share. Today? It’s trading for around $35 per share. That’s a more than a 74% drop. Yes, over the
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Dear Quentin, Several years ago, our father died and left a fully paid house to our mother because he knew she would be needing some financial support in her later years. Unfortunately, a few years ago our older brother tricked our mother into deeding the house to him. Our mother is almost 100 years old,
Miami-headquartered cruise operator Carnival (NYSE:CCL) recently received some positive news as the Centers for Disease Control and Prevention (CDC) has ended its Covid-19 Program for Cruise Ships. Don’t get too excited yet, though. CCL stock could still head lower as Carnival’s planning a massive share sale. Plus, an analyst is suggesting that the company’s share sale
Dear Quentin, My two co-workers and I go to lunch once a week. I offered to drive. We each pick the lunch place and sometimes drive about half an hour away to try something new. It’s an hour of driving most days. (Our work hours vary; as long as we get our work done, there
A robust summer travel season and improved international and business travel helped major U.S. airlines deliver profits in the second quarter. However, many carriers missed Wall Street’s earnings expectations as they battled sky-high fuel costs and operational challenges, mainly due to staffing issues. Airlines have raised ticket prices to mitigate the impact of higher costs.
Federal Reserve Chair Jerome Powell’s optimistic comments about the U.S. economy on Wednesday added to a debate among investors about whether stocks have reached a bear-market bottom. On the one hand, Thursday’s report on the health of the American economy, prompted an even more confusing discourse on where things actually stand when it comes to
It’s safe to say any buzz surrounding Vinco Ventures (NASDAQ:BBIG) has long since left the room. After falling to penny stock levels even before the recent bear market emerged, the market downturn has further soured sentiment for BBIG stock. In all, the stock has fallen by around 90% from its meme-era highs. To many, this
Dear Quentin, My boyfriend and I moved in together four months ago. We each have two children from a previous marriage. His kids are 14 and 10. My kids are 8 and 9. We have been together four years. I own a home, and he sold his house to buy a bigger home for all
Even the best of us make mistakes or dive into an investment too early, which explains the concept of Warren Buffett stocks trading at discount. Though investors tend to hang on every word that comes out of the “Oracle of Omaha’s” mouth, he has never been one to attempt to time the market with the
It may sound like an unusual alliance: an Earth-orbiting space lab and a major comestics brand. But what draws the Center for the Advancement of Science in Space, manager of the International Space Station National Lab, and Estée Lauder together is a necessity to tackle plastic waste. The ISS National Lab on Thursday announced winners
Stocks with 1,000% upside potential don’t come around all that often. Or at least when they do, they may not seem all that obvious at first. Some of the recent big ones include Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Salesforce (NYSE:CRM) and Lululemon Athletica (NASDAQ:LULU). The common theme with stocks that have 10-bagger potential is a great
The economy is somewhere in the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed when economists, policy makers and investors talk about the “terminal rate” — and the focus on the end game is only going to continue as the
One of the financial metrics I use to find large-cap stocks trading at a discount is their free cash flow yield. Free cash flow (or FCF) is the remaining cash flow from operations after subtracting a company’s capital expenditures. Uses for FCF include dividends, share repurchases, debt repayment, acquisitions, and investing in the business. If
Etsy Inc. reported its second-quarter results after market close on Wednesday, posting better-than-expected earnings and gross merchandise sales in line with Wall Street’s forecast. Buoyed by the results, Etsy Inc.’s ETSY, +2.36% shares gained 10.3% in aftermarket trading, after ending regular trading up 2.4% to $95.50. The online-marketplace company reported second-quarter net income of $73.1
Dear Harry, I am the trustee of my parents’ trust. My sister and I, out of six children, have also been the sole caregivers for both parents. They are both dead now. I was able to keep them in their house due to a little money my dad had saved. Neither my sister nor I
Hi, MarketWatchers. Don’t miss these top stories. Are you a millennial? Your net worth has likely doubled since the pandemic began (but there’s one big caveat) Millennials’ net worth has jumped 106% to $9.38 trillion as of the first quarter of 2022. Read More ‘We get hundreds of thousands of dollars in royalties’: My late
U.S. stock futures edged lower Tuesday, hurt by Walmart cutting profit guidance ahead of a wave of corporate earnings. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.49% fell 113 points, or 0.4%, to 31854. Futures on the S&P 500 ES00, -0.43% dropped 9.75 points, or 0.3%, to 3960. Futures on the Nasdaq
Appliances maker Whirpool Corp. late Monday reported mixed second-quarter earnings and slashed its guidance for the year, saying the results came amid a “challenging environment” with rising costs and a demand slowdown. Whirlpool WHR, -1.86% said it lost $371 million, or $6.62 a share, swinging from earnings of $581 million, or $9.15 a share, in
Lucid Motors (NASDAQ:LCID) is a fairly new electric vehicle stock in the market. The company has been around for more than a decade but it went public in 2021 through a special purpose acquisition company, or SPAC merger with Michael Klein’s Churchill Capital Corp IV. Since then, LCID stock has seen many ups and downs. Unfortunately,
Julian Hurst was ready for a change after more than a decade of work as a lawyer. After months of networking, the 44-year-old Austin, Texas resident pulled off a career pivot to a software startup in the legal technology sector. “For me, it was like an answer to a prayer,” said Hurst, noting that he’s